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...platform network effects that that Facebook has, that LinkedIn has, that Snapchat has. And then there's the two sided network effect that marketplaces have of which we spent a lot of lot of time on this show between Amazon and, Skype. Well, Skype Sky
...order effects of how people's behavior would change, This goes back to what the thing I was talking about in the beginning, the technical founders with insights about behavior change. It's the behavior change around the new primitives of the new tech
...network effects that that Facebook has, that LinkedIn has, that Snapchat has. And then there's the two sided network effect that marketplaces have of which we spent a lot of lot of time on this show between Amazon and,
...The second order effects. That's right. So it's almost like it's like installing a device driver, and then you can install the next one, and the next one. But it's like, the device driver is the percentage of the population that's adopted something.
...I think network effects in the types of things that we've been talking about in this episode are common. You know, it's when a driver joins Uber, he makes the platform more valuable to passengers because more efficient route structures are now enable
...effects till the cows come home. But it's the intensity of the network effect that really matters, and it is so hard to know that ex ante in a market. What is the actual degree to which I care as a participant in the network about other participants
...effects, right, on the data side. We're starting to see switching costs with permanent memory as you and I have talked. It is starting to see What's amazing is you have this level of adoption even before those things begin to kick in.
their competitive advantage becomes their tech is so good and their infra is so good that they can do everything you were just talking about that Friendster couldn't do and that Myspace couldn't do. But in these early days, their competitive advantag
...do find life, And so you get into issues of critical mass and ignition and all that stuff, but that's product market fit. And it doesn't say that if one company has benefited from this, that another, as I mentioned before, often the very technology t
That is suddenly obvious that that is what the future is. It now feels old to do anything else. It's kinda like when you got a Retina iPhone for the first time, and you're just, like, holding your non Retina iPhone, and you're like, this is instantly
...effects, economies of scale, scale economies, and brand, and we could talk about how they think about them. To me, the biggest one right now is is is economies of scale. 100%. I I think it's actually the only legitimate one because I I I Yeah. I thin
...platform. This is like amongst the most powerful of the buy of the dual sided network effects I've ever seen because it's it's global, it's not local,
...third party platform. And what was the value exchange? They went to third party developers, and they said, okay. We've created this canvas. They used to call it the canvas. And they were like, you could put anything in the canvas that you want, an ap
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